FEC Resources Inc. (FECOF)

[styl]

besides the 3d results which are long overdue........

i was waiting on realization of this....

"SC 40 is likewise home to the Libertad gas field, which is expected to start commercial production within the fourth quarter this year, according to Forum Energy. Once the field starts producing gas, Forum Energy’s partner Desco Inc. will be able to begin generating power for Cebu.

Fep has many things that could be positively announced and yet they never honor their deadlines.

They should at the very least update their shareholders when their deadlines need to be pushed back for whatever reason. Shame on this managment for the way they misled investors in the past and for keeping us in the dark on expected crucial announcements.


I find this very disheartening since my experience with their delayed announcements reminds me of the gold BUST and how they put off the bad news til later................I'm not saying that this will be the case this time too but they most certainly give that impression and fill investors with doubt.


this is always the biggest reason to avoid a micro-cap that is majority owned and controlled with more than 50% of the voting rights.......they simply dont have to tell you anything as compared to a big board stock with regulations, and they dont care.

I just hope my big exception to the rule pays off, but Hope isnt the best strategy out there.